5th Sep

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Q.1) Prime Minister Narendra Modi recently embarked on a historic

visit to a Southeast Asian country, marking the 40th anniversary of
diplomatic ties between India and this nation. The visit aims to
strengthen India's partnership with this country, focusing on
enhancing cooperation in various sectors. Upon arrival, PM Modi
received a ceremonial welcome and met with the Crown Prince. He
also inaugurated the new Chancery of the High Commission of India
and interacted with the Indian community. Which Southeast Asian
country is being referred to in the question?

[a] Malaysia
[b] Indonesia
[c] Thailand
[d] Brunei
[e] Vietnam
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Q.2) The recent inauguration of a prestigious educational campus by the Crown

Prince marks a significant milestone for a Middle Eastern nation aiming to
enhance its global standing in research and development. This campus is the
first international branch of a renowned Indian institute, known for producing
skilled engineers and innovators. The event also included the establishment of
strategic partnerships with leading local universities to foster academic
collaboration. Which country is being referred to in this context?

[a] Saudi Arabia

[b] United Arab Emirates
[c] Oman
[d] Qatar
[e] Bahrain
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Q.3) A state government has recently launched a new

initiative called the ‘Brindavan Gram’ scheme, aimed at
establishing cow shelters and providing various benefits to
rural communities. This scheme is designed to enhance
milk production in villages and boost farmers' incomes.
Announced on a significant festival, the initiative involves
selecting one gram panchayat from each block to receive
support a cow sheds and solar policies. Additionally, the
government plans to promote spiritual knowledge
through the establishment of ‘Gita Bhawan’ in urban
areas. Which state is being referred to?

[a] Uttar Pradesh

[b] Madhya Pradesh
[c] Rajasthan
[d] Gujarat
[e] Maharashtra
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Q.4) A state government has announced plans to invest a

substantial amount of Rs 33,500 crore (approximately $4 billion)
to establish global technology hubs across several cities. This
initiative aims to boost the IT and ITeS sectors by a factor of 10
over the next five years. The investments will focus on cutting-
edge technologies in various domains, including industry, e-
commerce, education, health, tourism, space, electronics, and
energy. Each city has been designated a specific focus area to
develop its strengths and attract relevant industries. Which
cities have been targeted for this ambitious project?

[a] Mumbai, Pune, Nagpur, Ratnagiri, Kolhapur

[b] Delhi, Gurugram, Faridabad, Ghaziabad, Noida
[c] Noida, Lucknow, Kanpur, Varanasi, Prayagraj
[d] Kolkata, Asansol, Durgapur, Siliguri, Howrah
[e] Ahmedabad, Surat, Vadodara, Rajkot, Bhavnagar
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Q.5) A prominent life insurance company has recently

launched its offshore branch at India’s first International
Financial Services Centre (IFSC) located in Gujarat. This
initiative aims to offer Non-Resident Indians (NRIs) access to
US dollar-denominated life insurance products via its online
platform. The insurance plans are designed to cover various
risks, including death, accidents, disabilities, and critical
illnesses, catering to individuals up to 100 years old. The
company also plans to introduce unit-linked life insurance
products that will enable consumers to invest in global equity
markets. Which company is being referred to?

[a] HDFC Life Insurance

[b] ICICI Prudential Life Insurance
[c] Max Life Insurance
[d] SBI Life Insurance
[e] Tata AIA Life Insurance
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Q.6) A prominent international financial institution has revised

its growth forecast for the Indian economy in FY25 to 7%, an
increase from the previous projection of 6.6%, in September
2024. This upward adjustment is attributed to a recovery in
the agricultural sector, increased private consumption, and
rising rural demand, despite facing a challenging global
environment. The organization also noted that India's growth
is expected to remain strong over the medium term, averaging
6.7% in FY26-FY27, and highlighted India's resilience against
external conditions. Which organization is being referred to?

[a] International Monetary Fund

[b] Asian Development Bank
[c] Organization for Economic Co-operation and Development
[d] World Bank
[e] International Finance Corporation
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Q.7) The International Cricket Council (ICC) has made a

significant announcement regarding the venue for the third
World Test Championship (WTC) final, which is scheduled to
take place from June 11-15, 2025. This historic match will
mark the first time that this iconic venue will host the WTC
final, as the previous two finals were held at different
locations: one in 2021 and the other in 2023. Currently, India
is leading the WTC points table, followed closely by the
reigning champions. Which stadium is set to host this
prestigious final?

[a] Lord's
[b] Edgbaston
[c] Old Trafford
[d] The Oval
[e] Trent Bridge
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President sanctions 23rd Law Commission of India

President Droupadi Murmu has approved the formation of the

23rd Law Commission of India.

The commission will operate from September 1, 2024, to

August 31, 2027.

It is an executive body established by an order of the

Government of India. Its major function is to work for legal
reforms.
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• The commission will include a full-time Chairperson, four

full-time members, and additional ex-officio and part-time
members.

• The 22nd Law Commission's term is ending soon, and it

has been functioning without a chairperson for several
months.

• The commission's responsibilities include reviewing

obsolete laws, addressing gender equality, and examining
the impact of globalization.
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• The first Law Commission was established in 1955 with M.

C. Setalvad as its Chairman.

• The Law Commission has been appointed 22 times, each

with a three-year term.
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Uttar Pradesh to build Vedic – 3D Museum in Varanasi

The Uttar Pradesh government announced the construction of a

Vedic-3D museum in Varanasi at Sampurnanand Sanskrit
University.

The museum will focus on Indian astrology, astronomy, and Vedic

literature.

The purpose of the museum is to showcase the evolution of Vedic

literature and revive the tradition of spiritual discourse.
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• TheThe museum will highlight the 16 Sanskars,

64 arts, and 18 Vidya Sthans, as well as
contributions from Indian sages.

• The museum will also display rare manuscripts,

including the “Raas Panchadhyayi,” Shrimad
Bhagwat Gita, and Durgasaptashati, which are
preserved in the historic Saraswati Bhawan.

• Conservation work for these manuscripts is

being carried out by the National Manuscript
Mission with support from the Government of
India.
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UNESCO Chief Science Advisers’ Roundtable (CSAR)

• The 2024 Edition of the Chief Science

Advisers' Roundtable (CSAR) will take place at
UNESCO headquarters in Paris, France on
September 6, 2024.

• The event is co-organized by the Office of the

Principal Scientific Adviser to the
Government of India and UNESCO’s Natural
Sciences Sector.

• The purpose of the roundtable is to foster open

science, bridge knowledge gaps, and build
global science advisory capacity.
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• Delegations from 28 countries, led by their

Chief Science Advisers or equivalents, and 6
international organizations will participate.

• The roundtable will be co-chaired by Prof. Ajay

Kumar Sood, Principal Scientific Adviser to
the Government of India, and Dr. Lidia Brito,
Assistant Director General of UNESCO.
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ICICI Pru Launches Signature Pension Plan

• ICICI Prudential Life Insurance has launched a

new retirement savings plan called 'ICICI Pru
Signature Pension', a market-linked retirement
savings plan designed to help customers build a
cost-effective and tax-efficient retirement corpus.
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Govt. to sell 6.78% stake in GIC Re

The Union Ministry of Finance will sell a 6.78% stake

in General Insurance Corporation of India (GIC
Re) through an offer for sale (OFS).

The stake sale will be the first since GIC Re's

listing in 2017.

The purpose of the stake sale is to raise around Rs

4,700 crore for the government.
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• The OFS will begin on September 4 for non-retail

investors and continue on September 5 for retail
investors and GIC Re employees.

• The government will divest 3.39% equity with an

additional 3.39% as a green shoe option.

• The floor price for the OFS is expected to be set at

approximately Rs 395 per share, a 6% discount to the
current market price.

• As of June 2024, the government held an 85.78% stake

in GIC Re, which is the largest reinsurance company in
India.
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Telangana, Tamil Nadu Lead in GSDP Growth Among

Largest States

• Telangana, Tamil Nadu, and Rajasthan recorded the

highest growth in real Gross State Domestic Product
(GSDP) in FY24 among the ten largest states in India.

• Telangana grew its economy by 9.2%, Tamil Nadu by

8.2%, and Rajasthan by 8%.
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• Telangana's GSDP reached ₹7.9 lakh crore, while Tamil

Nadu's GSDP was ₹15.7 lakh crore.

• The services sector played a crucial role in this growth,

with Telangana's services sector growing by 11% and
Tamil Nadu's by 9%.

• Maharashtra remains the largest economy in India with a

GSDP of ₹24.1 lakh crore.

• The agriculture sector underperformed in many states due

to El Niño, impacting overall growth.
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Indian Navy’s P-8I Aircraft Joins Exercise Varuna in France

• The Indian Navy's P-8I aircraft has arrived in France to participate in the
22nd edition of 'Exercise Varuna' with the French Navy in the
Mediterranean Sea.

• This deployment marks the first-ever deployment of the P-8I aircraft in

Europe.
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India and Kenya hold joint third Defense Cooperation

Committee (JDCC) Meeting

• The third Joint Defence Cooperation Committee (JDCC)

meeting between India and Kenya took place in New Delhi
on September 3, 2024.

• The purpose of the JDCC is to strengthen defence ties and

explore new avenues for collaboration between India and
Kenya.
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International Day of Charity – September 5

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Kartik Venkataraman wins 61st National Chess

Championship

• Karthik Venkataraman won the 61st Indian National

Chess Championship, as organized by the Haryana
Chess Association.
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Anuya Prasad Wins Gold at World Deaf Shooting

Championship

• Anuya Prasad won the women’s air pistol gold after

defeating Sofia Olenych of Ukraine at the second World
Deaf shooting championship in Hannover, Germany.